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Calgary & Area
Real Estate
Statistics:
August 2015
1	
  
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Evaluation Today!
TABLE OF CONTENTS
3
August Real Estate Summary
4 - 5
City of Calgary Detached Homes Sales Data
6 - 7
City of Calgary Attached Homes Sales Data
8 - 9
City of Calgary Apartment Homes Sales Data
10 - 11
Rural Rockyview Detached Sales Data
12
Message From The Calgary Real Estate Board
13 – 14
Rural Foothills Detached Sales Data
15 – 16
City of Airdrie Detached Sales Data
17 – 18
City of Airdrie Attached Sales Data
19 - 20
City of Airdrie Apartment Sales Data
2	
  
Inventory Levels Rise
August sales activity falls below
long-term averages
“Calgary’s residential resale housing market recorded further easing in absorption rates in
August due to weaker sales activity. Sales in the city declined by 27 per cent to 1,643
units last month relative to the same time last year and 12 per cent below 10-year
averages” (Source: Calgary Real Estate Board)
Although the Calgary Detached absorption rate was lower in August 2015 compared to
July 2015, the absorption rate was still better than in 2011 and 2012. In addition the
inventory was higher in 2011 and 2012 than in August 2015. So while we are feeling the
effects of a volatile oil and gas sector, the market has not yet reached the market
conditions of 2011 and 2012.
 
Of course every neighbourhood and price segment is unique and will have its own market
pattern but the market as a whole seems to have continued to be in balanced conditions.
 
If you are curious about the current market value of your home, or market conditions in
general, please feel free to contact us.
 
Hope this helps!
 
Susanita de Diego
3	
  
City of Calgary Detached Homes Sales Data
Yearly – August 2014 – August 2015
The following table shows the City of Calgary Detached Homes Sales Data for each month since
August of last year.
Month/Year	
   Detached	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   1,278	
   2,674	
  +	
  1,792	
  =	
  4,466	
   28.62%	
   33	
   2.05	
  
September	
  2014	
   1,224	
   2,616	
  +	
  1,868	
  =	
  4,484	
   27.30%	
   35	
   2.10	
  
October	
  2014	
   1,290	
   2,571	
  +	
  1,626	
  =	
  4,197	
   30.74%	
   36	
   1.71	
  
November	
  2014	
   1,033	
   2,205	
  +	
  1,126	
  =	
  3,331	
   31.01%	
   38	
   1.95	
  
December	
  2015	
   607	
   2,015	
  +	
  763	
  =	
  2,778	
   21.85%	
   41	
   2.78	
  
January	
  2015	
   535	
   1,687	
  +1,843	
  =	
  3,530	
   15.16%	
   37	
   4.68	
  
February	
  2015	
   739	
   2,506	
  +	
  1,674	
  =	
  4,180	
   17.68%	
   34	
   3.99	
  
March	
  2015	
   1,082	
   2,950	
  +	
  1,776	
  =	
  4,726	
   22.89%	
   37	
   2.79	
  
April	
  2015	
   1,149	
   3,016	
  +	
  1,774	
  =	
  4,790	
   23.99%	
   38	
   2.63	
  
May	
  2015	
   1,368	
   3,024	
  +	
  1,877	
  =	
  4,903	
   27.91%	
   38	
   2.13	
  
June	
  2015	
   1,335	
   2,913	
  +	
  1,832	
  =	
  4,745	
   28.13%	
   37	
   2.07	
  
July	
  2015	
   1,222	
   2,760	
  +	
  1,733	
  =	
  4,493	
   27.20%	
   37	
   2.23	
  
August	
  2015	
   1,000	
   2,728	
  +	
  1,644	
  =	
  4,372	
   22.87%	
   37	
   2.80	
  
City of Calgary Detached Homes Sales Data
Monthly – August 2011 – August 2015
The following table shows the City of Calgary Detached Homes Sales Data for each month since
August of last year.
Month/Year	
   Detached	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   986	
   3,821	
  +	
  1,858	
  =	
  5,679	
   17.36%	
   49	
   3.82	
  
August	
  2012	
   1,052	
   3,024	
  +	
  1,589	
  =	
  4,613	
   22.81%	
   42	
   2.73	
  
August	
  2013	
   1,350	
   2,533	
  +	
  1,711	
  =	
  4,244	
   31.81%	
   37	
   1.70	
  
August	
  2014	
   1,278	
   2,674	
  +	
  1,792	
  =	
  4,466	
   28.62%	
   33	
   2.05	
  
August	
  2015	
   1,000	
   2,728	
  +	
  1,644	
  =	
  4,372	
   22.87%	
   37	
   2.80	
  
4	
  
The MLS® Home Price Index (HPI)
 
The MLS® Home Price Index (HPI) was launched on February 6, 2012 as part of a nationwide rollout
involving boards in Canada’s largest cities because average and median price changes can
misrepresent changes in market price. We often refer to the median price as being immune from
outliers. However, if there have been large movements in either the low end or high end of the
price spectrum, the median is unable to reflect the price changes.
 
The MLS® Home Price Index (HPI) was introduced to provide a better measurement of price and
price trends for residential properties. A benchmark home is one that is comprised of a set of
specific attributes that is typical for the area where it is located.
The City of Calgary Detached Benchmark, Average and Median Prices have shown the following
progression:
5	
  
City of Calgary Attached Homes Sales Data
Yearly – August 2014 – August 2015
The following table shows the City of Calgary Attached Homes Sales Data for each month since
August of last year.
Month/Year	
   ALached	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   529	
   925	
  +	
  699	
  =	
  1,624	
   32.57%	
   34	
   1.71	
  
September	
  2014	
   487	
   905	
  +	
  699	
  =	
  1,604	
   30.36%	
   34	
   1.87	
  
October	
  2014	
   466	
   910	
  +	
  671	
  =	
  1,581	
   29.48%	
   38	
   1.97	
  
November	
  2014	
   419	
   918	
  +	
  489	
  =	
  1,407	
   29.78%	
   36	
   2.02	
  
December	
  2015	
   252	
   845	
  +	
  315	
  =	
  1,160	
   21.72%	
   45	
   2.82	
  
January	
  2015	
   190	
   711	
  +	
  700	
  =	
  1,411	
   13.47%	
   41	
   5.27	
  
February	
  2015	
   261	
   1,001	
  +	
  681	
  =	
  1,682	
   15.52%	
   34	
   4.66	
  
March	
  2015	
   397	
   1,231	
  +	
  680	
  =	
  1,911	
   20.68%	
   39	
   3.17	
  
April	
  2015	
   458	
   1,258	
  +	
  680	
  =	
  1,938	
   23.63&	
   41	
   2.64	
  
May	
  2015	
   465	
   1,207	
  +	
  676	
  =	
  1,883	
   24.69%	
   43	
   2.44	
  
June	
  2015	
   450	
   1,136	
  +	
  680	
  =	
  1,816	
   24.78%	
   44	
   2.48	
  
July	
  2015	
   447	
   1,114	
  +	
  668	
  =	
  1,782	
   25.08%	
   44	
   2.47	
  
August	
  2015	
   364	
   1,104	
  +	
  577	
  =	
  1,681	
   21.65%	
   44	
   3.10	
  
City of Calgary Attached Homes Sales Data
Monthly – August 2011 – August 2015
The following table shows the City of Calgary Attached Homes Sales Data for each month since
August of last year.
Month/Year	
   ALached	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   289	
   1,208	
  +	
  571	
  =	
  1,779	
   16.25%	
   51	
   4.16	
  
August	
  2012	
   345	
   985	
  +	
  507	
  =	
  1,492	
   23.12%	
   48	
   2.67	
  
August	
  2013	
   432	
   675	
  +	
  599	
  =	
  1,274	
   33.91%	
   34	
   1.59	
  
August	
  2014	
   529	
   925	
  +	
  695	
  =	
  1,624	
   32.57%	
   34	
   1.71	
  
August	
  2015	
   364	
   1,104	
  +	
  577	
  =	
  1,681	
   21.65%	
   44	
   3.10	
  
6	
  
The City of Calgary Attached Benchmark, Average and Median Prices have shown
the following progression:
7	
  
City of Calgary Apartment Homes Sales Data
Yearly – August 2014 – August 2015
The following table shows the City of Calgary Apartment Homes Sales Data for each month since
August of last year.
Month/Year	
   Apartment	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   456	
   1,079	
  +	
  656	
  =	
  1,735	
   26.28%	
   40	
   2.35	
  
September	
  2014	
   435	
   1,070	
  +	
  692	
  =	
  1,762	
   24.69%	
   39	
   2.48	
  
October	
  2014	
   389	
   1,078	
  +	
  622	
  =	
  1,700	
   22.88%	
   41	
   2.67	
  
November	
  2014	
   327	
   1,039	
  +	
  478	
  =	
  1,517	
   21.56%	
   41	
   2.95	
  
December	
  2015	
   223	
   966	
  +	
  303	
  =	
  1,269	
   17.57%	
   46	
   3.65	
  
January	
  2015	
   155	
   815	
  +	
  745	
  =	
  1,560	
   9.94%	
   55	
   7.41	
  
February	
  2015	
   217	
   1,148	
  +	
  595	
  =	
  1,743	
   12.45%	
   40	
   6.04	
  
March	
  2015	
   303	
   1,134	
  +	
  672	
  =	
  2,006	
   15.10%	
   43	
   4.68	
  
April	
  2015	
   350	
   1,419	
  +	
  610	
  =	
  2,029	
   17.25%	
   45	
   3.85	
  
May	
  2015	
   359	
   1,348	
  +	
  612	
  =	
  1,960	
   18.32%	
   48	
   3.60	
  
June	
  2015	
   399	
   1,293	
  +	
  611	
  =	
  1,904	
   20.96%	
   48	
   3.00	
  
July	
  2015	
   324	
   1,196	
  +	
  583	
  =	
  1,779	
   18.21%	
   47	
   3.77	
  
August	
  2015	
   279	
   1,223	
  +	
  512	
  =	
  1,735	
   16.08%	
   47	
   4.35	
  
City of Calgary Apartment Homes Sales Data
Monthly –August 2011 – August 2015
The following table shows the City of Calgary Apartment Homes Sales Data for each month since
August of last year.
Month/Year	
   Apartment	
  	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   287	
   1,211	
  +	
  517	
  =	
  1,728	
   16.61%	
   56	
   4.13	
  
August	
  2012	
   318	
   1,136	
  +	
  471	
  =	
  1,607	
   19.79%	
   52	
   3.22	
  
August	
  2013	
   402	
   792	
  +	
  454	
  =	
  1,246	
   32.26%	
   43	
   1.71	
  
August	
  2014	
   456	
   1,079	
  +	
  656	
  =	
  1,735	
   26.28%	
   40	
   2.35	
  
August	
  2015	
   279	
   1,223	
  +	
  512	
  =	
  1,735	
   16.08%	
   47	
   4.35	
  
8	
  
The City of Calgary Apartment Benchmark, Average and Median Prices have shown
the following progression:
9	
  
Rural Rockyview Detached Sales Data
Yearly – August 2014 – August 2015
The following table shows the Rural Rockyview Detached Sales Data for each month since August of
last year.
Month/Year	
   Detached	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   41	
   363	
  +	
  75	
  =	
  438	
   9.36%	
   82	
   8.78	
  
September	
  2014	
   46	
   360	
  +	
  86	
  =	
  446	
   10.31%	
   84	
   7.28	
  
October	
  2014	
   37	
   335	
  +	
  69	
  =	
  404	
   9.16%	
   92	
   8.30	
  
November	
  2014	
   10	
   307	
  +	
  49	
  =	
  356	
   2.81%	
   116	
   28.40	
  
December	
  2015	
   15	
   284	
  +	
  31	
  =	
  315	
   4.76%	
   140	
   14.67	
  
January	
  2015	
   19	
   220	
  +	
  88	
  =	
  308	
   6.17%	
   142	
   13.05	
  
February	
  2015	
   20	
   248	
  +	
  76	
  =	
  324	
   6.17%	
   74	
   13.85	
  
March	
  2015	
   23	
   277	
  +	
  82	
  =	
  345	
   6.67%	
   86	
   12.87	
  
April	
  2015	
   28	
   296	
  +	
  68	
  =	
  364	
   7.69%	
   71	
   10.89	
  
May	
  2015	
   35	
   305	
  +	
  87	
  =	
  392	
   8.93%	
   78	
   9.43	
  
June	
  2015	
   41	
   330	
  +	
  84	
  =	
  414	
   9.90%	
   97	
   7.93	
  
July	
  2015	
   29	
   325	
  +	
  62	
  =	
  387	
   7.49%	
   84	
   10.55	
  
August	
  2015	
   13	
   306	
  +	
  68	
  =	
  374	
   3.48%	
   73	
   23.62	
  
Rural Rockyview Detached Sales Data
Monthly – August 2011 – August 2015
The following table shows the Rural Rockyview Detached Sales Data for each month since August of
last year.
Month/Year	
   Detached	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   28	
   444	
  +	
  102	
  =	
  546	
   5.13%	
   92	
   16.25	
  
August	
  2012	
   33	
   448	
  +	
  78	
  =	
  526	
   6.27%	
   91	
   13.24	
  
August	
  2013	
   38	
   413	
  +	
  83	
  =	
  496	
   7.66%	
   133	
   10.21	
  
August	
  2014	
   41	
   363	
  +	
  75	
  =	
  438	
   9.36%	
   82	
   8.78	
  
August	
  2015	
   13	
   306	
  +	
  68	
  =	
  374	
   3.48%	
   73	
   23.62	
  
10	
  
Rural Rockyview Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
11	
  
Calgary’s residential resale housing market
recorded further easing in absorption rates in
August due to weaker sales activity. Sales in
the city declined by 27 per cent to 1,643 units
last month relative to the same time last year
and 12 per cent below 10-year averages.
“Persistent weakness in the energy sector
weighed on sales activity this month, which
once again retracted to levels well below the
norm for the city,” said CREB® chief economist
Ann-Marie Lurie.
“
”12	
  
Rural Foothills Detached Sales Data
Yearly – August 2014 – August 2015
The following table shows the Rural Foothills Detached Sales Data for each month since August of
last year.
Month/Year	
   Detached	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   18	
   198	
  +	
  55	
  =	
  253	
   7.11%	
   64	
   11.83	
  
September	
  2014	
   26	
   213	
  +	
  48	
  =	
  261	
   9.96%	
   96	
   7.77	
  
October	
  2014	
   15	
   202	
  +	
  39	
  =	
  241	
   6.22%	
   79	
   12.13	
  
November	
  2014	
   10	
   182	
  +	
  19	
  =	
  201	
   4.98%	
   103	
   16.30	
  
December	
  2015	
   6	
   163	
  +	
  13	
  =	
  176	
   3.41%	
   167	
   19.83	
  
January	
  2015	
   8	
   119	
  +	
  33	
  =	
  152	
   5.26%	
   151	
   15.13	
  
February	
  2015	
   17	
   121	
  +	
  39	
  =	
  160	
   10.63%	
   139	
   7.94	
  
March	
  2015	
   13	
   135	
  +	
  47	
  =	
  182	
   7.14%	
   139	
   11.69	
  
April	
  2015	
   15	
   152	
  +	
  52	
  =	
  204	
   7.35%	
   96	
   11.93	
  
May	
  2015	
   24	
   179	
  +	
  63	
  =	
  242	
   9.92%	
   102	
   8.21	
  
June	
  2015	
   17	
   197	
  +	
  51	
  =	
  248	
   6.85%	
   52	
   12.41	
  
July	
  2015	
   16	
   211	
  +	
  39	
  =	
  250	
   6.4%	
   86	
   13.00	
  
August	
  2015	
   10	
   208	
  +	
  39	
  =	
  247	
   4.05%	
   56	
   20.10	
  
Rural Foothills Detached Sales Data
Monthly – August 2011 – August 2015
The following table shows the Rural Foothills Detached Sales Data for each month since August of
last year.
Month/Year	
   Detached	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   16	
   283	
  +	
  56	
  =	
  339	
   4.72%	
   103	
   17.44	
  
August	
  2012	
   26	
   273	
  +	
  57	
  =	
  330	
   7.88%	
   125	
   10.27	
  
August	
  2013	
   23	
   220	
  +	
  48	
  =	
  268	
   8.58%	
   83	
   9.43	
  
August	
  2014	
   18	
   198	
  +	
  55	
  =	
  253	
   7.11%	
   64	
   11.83	
  
August	
  2015	
   10	
   208	
  +	
  39	
  =	
  247	
   4.05%	
   56	
   20.10	
  
13	
  
Rural Foothills Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
14	
  
City of Airdrie Detached Sales Data
Yearly – August 2014 – August 2015
The following table shows the City of Airdrie Detached Sales Data for each month since August of
last year.
Month/Year	
   Detached	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   76	
   194	
  +	
  119	
  =	
  313	
   24.28%	
   31	
   2.66	
  
September	
  2014	
   84	
   202	
  +	
  123	
  =	
  325	
   25.85%	
   45	
   2.18	
  
October	
  2014	
   106	
   183	
  +	
  120	
  =	
  303	
   34.98%	
   45	
   1.41	
  
November	
  2014	
   76	
   149	
  +	
  81	
  =	
  230	
   33.04%	
   38	
   1.72	
  
December	
  2015	
   44	
   131	
  +	
  56	
  =	
  187	
   23.53%	
   48	
   2.89	
  
January	
  2015	
   41	
   127	
  +	
  154	
  =	
  281	
   14.59%	
   49	
   5.15	
  
February	
  2015	
   70	
   211	
  +	
  149	
  =	
  360	
   19.44%	
   35	
   3.54	
  
March	
  2015	
   93	
   248	
  +	
  133	
  =	
  381	
   24.41%	
   38	
   2.63	
  
April	
  2015	
   92	
   245	
  +	
  140	
  =	
  385	
   23.90%	
   40	
   2.64	
  
May	
  2015	
   112	
   243	
  +	
  159	
  =	
  404	
   27.72%	
   41	
   2.17	
  
June	
  2015	
   117	
   243	
  +	
  157	
  =	
  400	
   29.25%	
   43	
   2.05	
  
July	
  2015	
   106	
   240	
  +	
  128	
  =	
  368	
   28.80%	
   37	
   2.11	
  
August	
  2015	
   87	
   224	
  +	
  127	
  =	
  351	
   24.79%	
   40	
   2.59	
  
City of Airdrie Detached Sales Data
Monthly – August 2011 – August 2015
The following table shows the City of Airdrie Detached Sales Data for each month since August of
last year.
Month/Year	
   Detached	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   59	
   278	
  +	
  126	
  =	
  404	
   14.60%	
   67	
   4.86	
  
August	
  2012	
   66	
   205	
  +	
  109	
  =	
  314	
   21.02%	
   58	
   3.08	
  
August	
  2013	
   98	
   156	
  +	
  114	
  =	
  270	
   36.30%	
   36	
   1.52	
  
August	
  2014	
   76	
   194	
  +	
  119	
  =	
  313	
   24.28%	
   31	
   2.66	
  
August	
  2015	
   87	
   224	
  +	
  127	
  =	
  351	
   24.79%	
   40	
   2.59	
  
15	
  
City of Airdrie Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
16	
  
City of Airdrie Attached Sales Data
Yearly –August 2014 – August 2015
The following table shows the City of Airdrie Attached Sales Data for each month since August of
last year.
Month/Year	
   ALached	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   35	
   44	
  +	
  51	
  =	
  95	
   36.84%	
   32	
   1.46	
  
September	
  2014	
   49	
   51	
  +	
  41	
  =	
  92	
   53.26%	
   33	
   .87	
  
October	
  2014	
   37	
   40	
  +	
  45	
  =	
  85	
   43.53%	
   34	
   .81	
  
November	
  2014	
   33	
   30	
  +	
  21	
  =	
  52	
   63.46%	
   40	
   .73	
  
December	
  2015	
   11	
   24	
  +	
  14	
  =	
  38	
   28.95%	
   28	
   2.09	
  
January	
  2015	
   17	
   23	
  +	
  43	
  =	
  66	
   25.76%	
   36	
   2.53	
  
February	
  2015	
   16	
   43	
  +	
  56	
  =	
  99	
   16.16%	
   40	
   4.63	
  
March	
  2015	
   32	
   74	
  +	
  50	
  =	
  124	
  	
   25.81%	
   38	
   2.47	
  
April	
  2015	
   40	
   79	
  +	
  55	
  =	
  134	
   29.85%	
   37	
   2.13	
  
May	
  2015	
   34	
   85	
  +	
  39	
  =	
  124	
   27.42%	
   31	
   2.24	
  
June	
  2015	
   40	
   76	
  +	
  60	
  =	
  136	
   29.41%	
   43	
   2.23	
  
July	
  2015	
   44	
   89	
  +	
  51	
  =	
  140	
   31.43%	
   43	
   1.91	
  
August	
  2015	
   39	
   84	
  +	
  38	
  =	
  122	
   31.97%	
   43	
   1.87	
  
City of Airdrie Attached Sales Data
Monthly – August 2011 – August 2015
The following table shows the City of Airdrie Attached Sales Data for each month since August of
last year.
Month/Year	
   ALached	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   13	
   39	
  +	
  17	
  =	
  56	
   23.218%	
   81	
   2.85	
  
August	
  2012	
   8	
   22	
  +	
  24	
  =	
  46	
   17.39%	
   56	
   3.13	
  
August	
  2013	
   33	
   19	
  +	
  32	
  =	
  45	
   73.33%	
   40	
   .45	
  
August	
  2014	
   35	
   44	
  +	
  51	
  =	
  95	
   36.84%	
   32	
   1.46	
  
August	
  2015	
   39	
   84	
  +	
  38	
  =	
  122	
   31.97%	
   43	
   1.87	
  
17	
  
City of Airdrie Attached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
18	
  
City of Airdrie Apartment Sales Data
Yearly – August 2014 – August 2015
The following table shows the City of Airdrie Apartment Sales Data for each month since August of
last year.
Month/Year	
   Apartment	
  
Sales	
  
Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  Added	
  
During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2014	
   20	
   26	
  +	
  14	
  =	
  40	
   50.00%	
   36	
   .90	
  
September	
  2014	
   9	
   18	
  +	
  14	
  =	
  32	
   28.13%	
   40	
   1.89	
  
October	
  2014	
   16	
   17	
  +	
  17	
  =	
  34	
   47.06%	
   36	
   .88	
  
November	
  2014	
   7	
   14	
  +	
  13	
  =	
  27	
   25.93%	
   36	
   3.14	
  
December	
  2015	
   9	
   22	
  +	
  9	
  =	
  29	
   31.03%	
   53	
   2.11	
  
January	
  2015	
   7	
   19	
  +	
  25	
  =	
  44	
   15.91%	
   40	
   5.14	
  
February	
  2015	
   12	
   40	
  +	
  43	
  =	
  83	
   14.46%	
   29	
   3.58	
  
March	
  2015	
   13	
   43	
  +	
  11	
  =	
  54	
   24.07%	
   50	
   2.77	
  
April	
  2015	
   6	
   36	
  +19	
  =	
  55	
   10.91%	
   70	
   7.17	
  
May	
  2015	
   7	
   43	
  +	
  23	
  =	
  66	
   10.61%	
   36	
   7.29	
  
June	
  2015	
   9	
   51	
  +	
  26	
  =	
  77	
   11.69%	
   111	
   6.11	
  
July	
  2015	
   13	
   55	
  +	
  18	
  =	
  73	
   17.81%	
   57	
   3.85	
  
August	
  2015	
   8	
   50	
  +	
  19	
  =	
  69	
   11.59%	
   61	
   5.75	
  
City of Airdrie Apartment Sales Data
Monthly – August 2011 – August 2015
The following table shows the City of Airdrie Apartment Sales Data for each month since August of
last year.
Month/Year	
   Apartment	
  Sales	
   Previous	
  Month	
  End	
  
Inventory	
  +	
  Inventory	
  
Added	
  During	
  the	
  Month	
  
%	
  of	
  Available	
  
Inventory	
  Sold	
  
Days	
  on	
  
Market	
  
Months	
  of	
  
Supply	
  
August	
  2011	
   7	
   24	
  +	
  8	
  =	
  32	
   21.88%	
   57	
   3.43	
  
August	
  2012	
   5	
   25	
  +	
  6	
  =	
  31	
   26.13%	
   53	
   4.60	
  
August	
  2013	
   3	
   19	
  +	
  16	
  =	
  35	
   8.57%	
   29	
   9.33	
  
August	
  2014	
   20	
   26	
  +	
  14	
  =	
  40	
   50%	
   36	
   .90	
  
August	
  2015	
   8	
   50	
  +	
  19	
  =	
  69	
   11.59%	
   61	
   5.75	
  
19	
  
City of Airdrie Apartment Sales Data Benchmark, Average and Median Prices have
shown the following progression:
20	
  
Curious About the
Value of Your Home?
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21	
  

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Calgary Real Estate Market Report August 2015

  • 1. Calgary & Area Real Estate Statistics: August 2015 1   Request Your Free Home Evaluation Today!
  • 2. TABLE OF CONTENTS 3 August Real Estate Summary 4 - 5 City of Calgary Detached Homes Sales Data 6 - 7 City of Calgary Attached Homes Sales Data 8 - 9 City of Calgary Apartment Homes Sales Data 10 - 11 Rural Rockyview Detached Sales Data 12 Message From The Calgary Real Estate Board 13 – 14 Rural Foothills Detached Sales Data 15 – 16 City of Airdrie Detached Sales Data 17 – 18 City of Airdrie Attached Sales Data 19 - 20 City of Airdrie Apartment Sales Data 2  
  • 3. Inventory Levels Rise August sales activity falls below long-term averages “Calgary’s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity. Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year and 12 per cent below 10-year averages” (Source: Calgary Real Estate Board) Although the Calgary Detached absorption rate was lower in August 2015 compared to July 2015, the absorption rate was still better than in 2011 and 2012. In addition the inventory was higher in 2011 and 2012 than in August 2015. So while we are feeling the effects of a volatile oil and gas sector, the market has not yet reached the market conditions of 2011 and 2012.   Of course every neighbourhood and price segment is unique and will have its own market pattern but the market as a whole seems to have continued to be in balanced conditions.   If you are curious about the current market value of your home, or market conditions in general, please feel free to contact us.   Hope this helps!   Susanita de Diego 3  
  • 4. City of Calgary Detached Homes Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Calgary Detached Homes Sales Data for each month since August of last year. Month/Year   Detached   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   1,278   2,674  +  1,792  =  4,466   28.62%   33   2.05   September  2014   1,224   2,616  +  1,868  =  4,484   27.30%   35   2.10   October  2014   1,290   2,571  +  1,626  =  4,197   30.74%   36   1.71   November  2014   1,033   2,205  +  1,126  =  3,331   31.01%   38   1.95   December  2015   607   2,015  +  763  =  2,778   21.85%   41   2.78   January  2015   535   1,687  +1,843  =  3,530   15.16%   37   4.68   February  2015   739   2,506  +  1,674  =  4,180   17.68%   34   3.99   March  2015   1,082   2,950  +  1,776  =  4,726   22.89%   37   2.79   April  2015   1,149   3,016  +  1,774  =  4,790   23.99%   38   2.63   May  2015   1,368   3,024  +  1,877  =  4,903   27.91%   38   2.13   June  2015   1,335   2,913  +  1,832  =  4,745   28.13%   37   2.07   July  2015   1,222   2,760  +  1,733  =  4,493   27.20%   37   2.23   August  2015   1,000   2,728  +  1,644  =  4,372   22.87%   37   2.80   City of Calgary Detached Homes Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Calgary Detached Homes Sales Data for each month since August of last year. Month/Year   Detached  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   986   3,821  +  1,858  =  5,679   17.36%   49   3.82   August  2012   1,052   3,024  +  1,589  =  4,613   22.81%   42   2.73   August  2013   1,350   2,533  +  1,711  =  4,244   31.81%   37   1.70   August  2014   1,278   2,674  +  1,792  =  4,466   28.62%   33   2.05   August  2015   1,000   2,728  +  1,644  =  4,372   22.87%   37   2.80   4  
  • 5. The MLS® Home Price Index (HPI)   The MLS® Home Price Index (HPI) was launched on February 6, 2012 as part of a nationwide rollout involving boards in Canada’s largest cities because average and median price changes can misrepresent changes in market price. We often refer to the median price as being immune from outliers. However, if there have been large movements in either the low end or high end of the price spectrum, the median is unable to reflect the price changes.   The MLS® Home Price Index (HPI) was introduced to provide a better measurement of price and price trends for residential properties. A benchmark home is one that is comprised of a set of specific attributes that is typical for the area where it is located. The City of Calgary Detached Benchmark, Average and Median Prices have shown the following progression: 5  
  • 6. City of Calgary Attached Homes Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Calgary Attached Homes Sales Data for each month since August of last year. Month/Year   ALached   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   529   925  +  699  =  1,624   32.57%   34   1.71   September  2014   487   905  +  699  =  1,604   30.36%   34   1.87   October  2014   466   910  +  671  =  1,581   29.48%   38   1.97   November  2014   419   918  +  489  =  1,407   29.78%   36   2.02   December  2015   252   845  +  315  =  1,160   21.72%   45   2.82   January  2015   190   711  +  700  =  1,411   13.47%   41   5.27   February  2015   261   1,001  +  681  =  1,682   15.52%   34   4.66   March  2015   397   1,231  +  680  =  1,911   20.68%   39   3.17   April  2015   458   1,258  +  680  =  1,938   23.63&   41   2.64   May  2015   465   1,207  +  676  =  1,883   24.69%   43   2.44   June  2015   450   1,136  +  680  =  1,816   24.78%   44   2.48   July  2015   447   1,114  +  668  =  1,782   25.08%   44   2.47   August  2015   364   1,104  +  577  =  1,681   21.65%   44   3.10   City of Calgary Attached Homes Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Calgary Attached Homes Sales Data for each month since August of last year. Month/Year   ALached  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   289   1,208  +  571  =  1,779   16.25%   51   4.16   August  2012   345   985  +  507  =  1,492   23.12%   48   2.67   August  2013   432   675  +  599  =  1,274   33.91%   34   1.59   August  2014   529   925  +  695  =  1,624   32.57%   34   1.71   August  2015   364   1,104  +  577  =  1,681   21.65%   44   3.10   6  
  • 7. The City of Calgary Attached Benchmark, Average and Median Prices have shown the following progression: 7  
  • 8. City of Calgary Apartment Homes Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Calgary Apartment Homes Sales Data for each month since August of last year. Month/Year   Apartment   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   456   1,079  +  656  =  1,735   26.28%   40   2.35   September  2014   435   1,070  +  692  =  1,762   24.69%   39   2.48   October  2014   389   1,078  +  622  =  1,700   22.88%   41   2.67   November  2014   327   1,039  +  478  =  1,517   21.56%   41   2.95   December  2015   223   966  +  303  =  1,269   17.57%   46   3.65   January  2015   155   815  +  745  =  1,560   9.94%   55   7.41   February  2015   217   1,148  +  595  =  1,743   12.45%   40   6.04   March  2015   303   1,134  +  672  =  2,006   15.10%   43   4.68   April  2015   350   1,419  +  610  =  2,029   17.25%   45   3.85   May  2015   359   1,348  +  612  =  1,960   18.32%   48   3.60   June  2015   399   1,293  +  611  =  1,904   20.96%   48   3.00   July  2015   324   1,196  +  583  =  1,779   18.21%   47   3.77   August  2015   279   1,223  +  512  =  1,735   16.08%   47   4.35   City of Calgary Apartment Homes Sales Data Monthly –August 2011 – August 2015 The following table shows the City of Calgary Apartment Homes Sales Data for each month since August of last year. Month/Year   Apartment     Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   287   1,211  +  517  =  1,728   16.61%   56   4.13   August  2012   318   1,136  +  471  =  1,607   19.79%   52   3.22   August  2013   402   792  +  454  =  1,246   32.26%   43   1.71   August  2014   456   1,079  +  656  =  1,735   26.28%   40   2.35   August  2015   279   1,223  +  512  =  1,735   16.08%   47   4.35   8  
  • 9. The City of Calgary Apartment Benchmark, Average and Median Prices have shown the following progression: 9  
  • 10. Rural Rockyview Detached Sales Data Yearly – August 2014 – August 2015 The following table shows the Rural Rockyview Detached Sales Data for each month since August of last year. Month/Year   Detached   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   41   363  +  75  =  438   9.36%   82   8.78   September  2014   46   360  +  86  =  446   10.31%   84   7.28   October  2014   37   335  +  69  =  404   9.16%   92   8.30   November  2014   10   307  +  49  =  356   2.81%   116   28.40   December  2015   15   284  +  31  =  315   4.76%   140   14.67   January  2015   19   220  +  88  =  308   6.17%   142   13.05   February  2015   20   248  +  76  =  324   6.17%   74   13.85   March  2015   23   277  +  82  =  345   6.67%   86   12.87   April  2015   28   296  +  68  =  364   7.69%   71   10.89   May  2015   35   305  +  87  =  392   8.93%   78   9.43   June  2015   41   330  +  84  =  414   9.90%   97   7.93   July  2015   29   325  +  62  =  387   7.49%   84   10.55   August  2015   13   306  +  68  =  374   3.48%   73   23.62   Rural Rockyview Detached Sales Data Monthly – August 2011 – August 2015 The following table shows the Rural Rockyview Detached Sales Data for each month since August of last year. Month/Year   Detached  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   28   444  +  102  =  546   5.13%   92   16.25   August  2012   33   448  +  78  =  526   6.27%   91   13.24   August  2013   38   413  +  83  =  496   7.66%   133   10.21   August  2014   41   363  +  75  =  438   9.36%   82   8.78   August  2015   13   306  +  68  =  374   3.48%   73   23.62   10  
  • 11. Rural Rockyview Detached Sales Data Benchmark, Average and Median Prices have shown the following progression: 11  
  • 12. Calgary’s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity. Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year and 12 per cent below 10-year averages. “Persistent weakness in the energy sector weighed on sales activity this month, which once again retracted to levels well below the norm for the city,” said CREB® chief economist Ann-Marie Lurie. “ ”12  
  • 13. Rural Foothills Detached Sales Data Yearly – August 2014 – August 2015 The following table shows the Rural Foothills Detached Sales Data for each month since August of last year. Month/Year   Detached   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   18   198  +  55  =  253   7.11%   64   11.83   September  2014   26   213  +  48  =  261   9.96%   96   7.77   October  2014   15   202  +  39  =  241   6.22%   79   12.13   November  2014   10   182  +  19  =  201   4.98%   103   16.30   December  2015   6   163  +  13  =  176   3.41%   167   19.83   January  2015   8   119  +  33  =  152   5.26%   151   15.13   February  2015   17   121  +  39  =  160   10.63%   139   7.94   March  2015   13   135  +  47  =  182   7.14%   139   11.69   April  2015   15   152  +  52  =  204   7.35%   96   11.93   May  2015   24   179  +  63  =  242   9.92%   102   8.21   June  2015   17   197  +  51  =  248   6.85%   52   12.41   July  2015   16   211  +  39  =  250   6.4%   86   13.00   August  2015   10   208  +  39  =  247   4.05%   56   20.10   Rural Foothills Detached Sales Data Monthly – August 2011 – August 2015 The following table shows the Rural Foothills Detached Sales Data for each month since August of last year. Month/Year   Detached  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   16   283  +  56  =  339   4.72%   103   17.44   August  2012   26   273  +  57  =  330   7.88%   125   10.27   August  2013   23   220  +  48  =  268   8.58%   83   9.43   August  2014   18   198  +  55  =  253   7.11%   64   11.83   August  2015   10   208  +  39  =  247   4.05%   56   20.10   13  
  • 14. Rural Foothills Detached Sales Data Benchmark, Average and Median Prices have shown the following progression: 14  
  • 15. City of Airdrie Detached Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Airdrie Detached Sales Data for each month since August of last year. Month/Year   Detached   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   76   194  +  119  =  313   24.28%   31   2.66   September  2014   84   202  +  123  =  325   25.85%   45   2.18   October  2014   106   183  +  120  =  303   34.98%   45   1.41   November  2014   76   149  +  81  =  230   33.04%   38   1.72   December  2015   44   131  +  56  =  187   23.53%   48   2.89   January  2015   41   127  +  154  =  281   14.59%   49   5.15   February  2015   70   211  +  149  =  360   19.44%   35   3.54   March  2015   93   248  +  133  =  381   24.41%   38   2.63   April  2015   92   245  +  140  =  385   23.90%   40   2.64   May  2015   112   243  +  159  =  404   27.72%   41   2.17   June  2015   117   243  +  157  =  400   29.25%   43   2.05   July  2015   106   240  +  128  =  368   28.80%   37   2.11   August  2015   87   224  +  127  =  351   24.79%   40   2.59   City of Airdrie Detached Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Airdrie Detached Sales Data for each month since August of last year. Month/Year   Detached  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   59   278  +  126  =  404   14.60%   67   4.86   August  2012   66   205  +  109  =  314   21.02%   58   3.08   August  2013   98   156  +  114  =  270   36.30%   36   1.52   August  2014   76   194  +  119  =  313   24.28%   31   2.66   August  2015   87   224  +  127  =  351   24.79%   40   2.59   15  
  • 16. City of Airdrie Detached Sales Data Benchmark, Average and Median Prices have shown the following progression: 16  
  • 17. City of Airdrie Attached Sales Data Yearly –August 2014 – August 2015 The following table shows the City of Airdrie Attached Sales Data for each month since August of last year. Month/Year   ALached   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   35   44  +  51  =  95   36.84%   32   1.46   September  2014   49   51  +  41  =  92   53.26%   33   .87   October  2014   37   40  +  45  =  85   43.53%   34   .81   November  2014   33   30  +  21  =  52   63.46%   40   .73   December  2015   11   24  +  14  =  38   28.95%   28   2.09   January  2015   17   23  +  43  =  66   25.76%   36   2.53   February  2015   16   43  +  56  =  99   16.16%   40   4.63   March  2015   32   74  +  50  =  124     25.81%   38   2.47   April  2015   40   79  +  55  =  134   29.85%   37   2.13   May  2015   34   85  +  39  =  124   27.42%   31   2.24   June  2015   40   76  +  60  =  136   29.41%   43   2.23   July  2015   44   89  +  51  =  140   31.43%   43   1.91   August  2015   39   84  +  38  =  122   31.97%   43   1.87   City of Airdrie Attached Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Airdrie Attached Sales Data for each month since August of last year. Month/Year   ALached  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   13   39  +  17  =  56   23.218%   81   2.85   August  2012   8   22  +  24  =  46   17.39%   56   3.13   August  2013   33   19  +  32  =  45   73.33%   40   .45   August  2014   35   44  +  51  =  95   36.84%   32   1.46   August  2015   39   84  +  38  =  122   31.97%   43   1.87   17  
  • 18. City of Airdrie Attached Sales Data Benchmark, Average and Median Prices have shown the following progression: 18  
  • 19. City of Airdrie Apartment Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Airdrie Apartment Sales Data for each month since August of last year. Month/Year   Apartment   Sales   Previous  Month  End   Inventory  +  Inventory  Added   During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2014   20   26  +  14  =  40   50.00%   36   .90   September  2014   9   18  +  14  =  32   28.13%   40   1.89   October  2014   16   17  +  17  =  34   47.06%   36   .88   November  2014   7   14  +  13  =  27   25.93%   36   3.14   December  2015   9   22  +  9  =  29   31.03%   53   2.11   January  2015   7   19  +  25  =  44   15.91%   40   5.14   February  2015   12   40  +  43  =  83   14.46%   29   3.58   March  2015   13   43  +  11  =  54   24.07%   50   2.77   April  2015   6   36  +19  =  55   10.91%   70   7.17   May  2015   7   43  +  23  =  66   10.61%   36   7.29   June  2015   9   51  +  26  =  77   11.69%   111   6.11   July  2015   13   55  +  18  =  73   17.81%   57   3.85   August  2015   8   50  +  19  =  69   11.59%   61   5.75   City of Airdrie Apartment Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Airdrie Apartment Sales Data for each month since August of last year. Month/Year   Apartment  Sales   Previous  Month  End   Inventory  +  Inventory   Added  During  the  Month   %  of  Available   Inventory  Sold   Days  on   Market   Months  of   Supply   August  2011   7   24  +  8  =  32   21.88%   57   3.43   August  2012   5   25  +  6  =  31   26.13%   53   4.60   August  2013   3   19  +  16  =  35   8.57%   29   9.33   August  2014   20   26  +  14  =  40   50%   36   .90   August  2015   8   50  +  19  =  69   11.59%   61   5.75   19  
  • 20. City of Airdrie Apartment Sales Data Benchmark, Average and Median Prices have shown the following progression: 20  
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